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Travel Insurance Tips

TRAVEL INSURANCE CHECKLIST

Travel insurance can be a good investment, especially when you are traveling to exotic destinations, have multiple connections, or plan to engage in adventure activities. Make sure to choose the right policy for your specific needs. The following areas of review can help obtain the best fit:

2) Avoid travel insurance provided directly by a tour operator. If they enter bankruptcy, so does your coverage. Make sure a third party insurance carrier is providing the coverage.

3) Pay attention to coverage for pre-existing medical conditions. Many seniors have had and will have re-occurring incidents. Therefore, make sure the provisions are broad enough for the particular passenger. For example, Medicare group coverage may not be available for treatment outside the US. Many policies will include coverage for pre-existing medical conditions if you purchase the policy around the time that you make the initial deposit for the trip.

4) Policies that include evacuation provisions are preferable, especially when traveling to third-world areas, as the medical standard in many countries is below that of the US.

5) Review the terms of terrorism protection in the policy to ensure that it includes the surrounding areas of a terrorism incident, not just the city on the itinerary.

6) If you are a frequent traveler, acquiring an annual travel coverage policy may be a bargain.